$425,000
●
House -
Off Market
7015 Casa Ln.
Lemon Grove, CA 91945
5 Beds
3 Baths
1,735 Ft²
$906,475
RealtyHop Estimate
94.94%
Since Jun 1, 2015
CA-San Diego
Primary Model
About This Property
BRAND NEW CONSTRUCTION Combined with Beautiful Remodel! - Amazing
Kitchen with loads of Cabinets & Brand new Stainless Steel
Appliances. Granite Counters, Top line Kit. Cabinets. Shiny
Hardwood floors & Spacious Formal Dining & Living Room. Gorgeous
Travertine Tile in Kitchen & 3 FULL Baths! - Extra Large Bedrooms
perfect for Growing Family or Guests. Quiet Cul-De-Sac -Quality
neighborhood. "Lemon Grove= Best Climate On Earth" Private, Rural,
yet City close.-HURRY, THIS Will not last! ABSOLUTELY EXQUISITE
Neighborhoods: Lemon Grove Equipment: Range/Oven Other Fees:
0 Sewer: Sewer Connected Topography: LL
Unit Size
1,735 Ft²
Days on Market
23 days
Land Size
0.16 acres
Price per sqft
$268
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #150020930)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Big Block Realty, Inc. | $817,000 | |
| Listed by Big Block Realty, Inc. | |||
| | |||
|
Beautiful 4-bedroom, 3-bath home in the heart of Lemon Grove! Situated on a cul-de-sac with plenty of space for the entire family. Great location close to Chollas Lake Park, and local shops and restaurants. This home features hardwood flooring, travertine tile in the kitchen, ample cabinet space, and a spacious formal dining and living room. The oversized driveway has space for 3-4 vehicles. Fully fenced yard with gate and grass area for those Summer BBQs. With a nearly 7,000-foot lot and R3 zoning, there is the possibility of building more units on the lot or adding an ADU. 3 min drive to the local elementary, middle school, and Mt Helix High School…all within the exceptional Lemon Grove school district, and a 7 min drive to the prestigious St. John’s of the Cross High School. *The current tenant is on an employer housing agreement and will vacate within 59 days after close of escrow. Rent back to be seller's expense. This home is a rare find and won't last long!
| |||
| May 11, 2015 | Sold | ||
| Sold | |||
| Apr 18, 2015 | Listed by Berkshire Hathaway HomeService | $465,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lemon Grove
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Listed by: Richard Calderone, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150020930
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150020930
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